ANALYSIS OF ENERGY COSTS IN RETAIL TRADE

Radojko Lukic ()
Additional contact information
Radojko Lukic: Faculty of Economics, University of Belgrade, Serbia

Management Research and Practice, 2016, vol. 8, issue 4, 5-28

Abstract: Energy costs are significant determinant of the performance of total economy, all sectors, including trade and individual enterprises. Due to that, they are lately more analyzed in the context of sustainable development and the impact on the performance of the economy, sectors and enterprises. The use of renewable energy is an important factor in energy costs reducing and increasing of profitability. Under the influence of specific factors it varies in individual economies (countries), sectors and companies. Having this as a starting point, our article specially investigates the problem of energy efficiency in trade sector. This is due to considerable economic impact of trade on total energy consumption in economy and especially service sector (share in gross domestic product and the number of employees). The research on many global retail companies find, and also confirmed in this study, that the increase of energy efficiency can significantly improve the profitability of the trade sector. This is particularly achieved with as increased use of renewable energy in total final energy consumption in the trade sector. JEL classification: Q40, Q44, Q32, Q57

Keywords: energy intensity; renewable energy; energy management; green energy; final energy consumption (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mrp.ase.ro/no84/f1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:mrpase:v:8:y:2016:i:4:p:5-28

Access Statistics for this article

Management Research and Practice is currently edited by Colesca Sofia

More articles in Management Research and Practice from Research Centre in Public Administration and Public Services, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Colesca Sofia ().